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Currency Power Meter Linear

40 USD

Demo downloaded: 548

Published: 17 April 2015

Current version: 2.3

Currency Power Meter Linear

Indicators
Sergey Efimenko
Version: 2.3
Updated: 17 January 2022
Activations: 15

The indicator displays data as lines for all currencies or as a histogram for the current currency pair. The intersection of the currency strength indices for the current currency pair is additionally displayed as arrows on the chart. The current trend direction is highlighted by the coloring of the bars.

Main settings:

iPeriod - number of bars used to analyze currency power.
HistoryBars - number of calculated bars on history. The parameter affects execution time during the first launch. It is also necessary for reducing the necessary history data in case a broker has limitation on history length.
SmoothingPeriod - data smoothing period (to disable smoothing, set to 1).
SmoothingMethod - data smoothing method.
ShowPairLabels - enable/disable display labels with names of currencies in the left part of the indicator window.
LabelsFontSize - currency label font size.
ShowRatio1-8 - currency name to be displayed.
UsePairs - list of symbols for currency power calculation.
PairPreffix - additional prefix of currency pairs. For example, in EURUSD.e symbol, ".e" is a prefix.
ShowWarningComments - enable/disable comments on the operation errors, for example, the absence of symbol quotes or insufficient symbol history length at a broker's side.

more...

3331

elite luis 2023.03.23 20:16 #

Good Author and useful tools, 5 stars!

8902

sunnychow 2019.02.13 14:27 #

It looks so good. I will update my review later. Thanks for Sergey

3818

Alessio Bizzarri 2015.10.10 15:39 #

I have buy now but i knew this Sistem indictor. thank you for pubblic this MQL. next Monday will try in real Trading. 5 stars ;)

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This is an MTF indicator of support and resistance levels based on Advanced ZigZag Dynamic and/or Extended Fractals indicator extremums with price labels (can be disabled). More higher TFs can be selected for MTF mode. By default, the levels are generated based on ZigZag indicator dots. Fractals indicator dots can also be used together with ZigZag or instead of it. In order to simplify the use and save CPU time, calculation is performed once per each bar at its opening. Parameters: ForcedTF - ch

30 USD

The indicator shows harmonic patterns on the chart without repainting with the minimum possible lag. The search for indicator tops is based on the wave principle of price analysis. Advanced settings allow you to choose parameters for your trading style. At the opening of a candle (bar), when a new pattern is formed, an arrow of the probable direction of the price movement is fixed, which remains unchanged. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butter

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Unique "scalping" trend indicator with the feature of multi-layered smoothing of the resulting lines and a wide selection of parameters. It helps determine a probable change in the trend or a correction virtually near the very beginning of the movement. The toggled intersection arrows are fixed and appear at the opening of a new bar, but, with enough experience, it is possible to look for entry opportunities as soon as the indicator lines intersect at the unfinished bar. The signal appearance li

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The indicator shows (optional): Spearman's rank correlation coefficient, Pearson's linear correlation coefficient, Kendall's rank correlation coefficient, and Fechner's sign correlation coefficient. This oscillator shows the points of possible market reversal when the price goes beyond the overbought and oversold levels. There are 4 methods for additional filtering of the obtained values: simple, exponential, smoothed, linearly weighted. After the bar is closed, the values are fixed and not rep

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If you trade by levels, then this indicator is for you. The indicator displays support and resistance levels for the selected timeframes, additionally showing how many points to the nearest levels, as well as between which levels the current price is in the form of a color scale and percentages. Location anywhere on the chart, the ability to scale, the calculation offset taking into account the hourly difference of your broker, the choice of colors and other parameters will allow you to cus

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This is an extended version of Keltner channel. You can use 21 types of Moving Average and 11 methods of calculating the indicator's center line. Moving Average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average (or EPMA, Linear Regression Line), Smoothed Moving Average, Hull Moving Average by Alan Hull, Zero-Lag Exponential Moving Average

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The indicator displays harmonic patterns on the chart based on Dynamic ZigZag ( https://www.mql5.com/en/market/product/5357 ) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows

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This is a linear indicator of a currency power having the ability to filter by smoothing values. It shows the current power of selected currencies (the maximum number is 8), as well as historical values. Calculation depends on the selected chart timeframe the indicator is launched at. The indicator displays data as lines for all currencies or as a histogram for the current currency pair. The intersection of the currency strength indices for the current currency pair is additionally displayed as

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3331

elite luis 2023.03.23 20:16 #

Good Author and useful tools, 5 stars!

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sunnychow 2019.02.13 14:27 #

It looks so good. I will update my review later. Thanks for Sergey

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Alessio Bizzarri 2015.10.10 15:39 #

I have buy now but i knew this Sistem indictor. thank you for pubblic this MQL. next Monday will try in real Trading. 5 stars ;)

Version 2.3 2022.01.17

Added a low-frequency filter for the input values of currency strength to ignore sudden spikes during news releases or speeches of important people.

Version 2.2 2020.08.24

Added coloring of bars based on the intersection of the currency strength indices of the current chart. Added the option to display only the currency indexes of the current chart. Added the ability to display the difference in the currency indices of the current chart as a line or 4-color histogram.

Version 2.1 2020.08.04

The code was optimized for the current version of the terminal.

Version 2.0 2018.06.27

Added the color change parameters.

Version 1.9 2018.02.13

New alert mode: the intersection of indexes regardless of the currency pair of the selected chart.

Version 1.8 2017.11.07

Added alerts notifying of the current currency pair's indices crossing.

Version 1.7 2016.01.21

Added an array and toggled information in the comments about the "gaps" in the quotes. As the terminal downloads the currency pair chart data, requested by the indicator, the value goes to 0. This array can be used in EA's for the evaluation of the inaccuracy of the data, generated by the indicator.

Version 1.6 2016.01.19

Added the new value smoothing methods (26 in total).

Version 1.5 2015.06.04

Improved automated update of the indicator's readings after the terminal has uploaded all necessary history for all currencies.

Version 1.4 2015.06.01

- Added ability to use absolute currency power values (UseAbsoluteValues=true). If you want to use the initial "step" calculation mode, set UseAbsoluteValues=false.
- Added ability to use several indicators on a single chart.

Version 1.3 2015.05.14

Improved searching for a bar by a simple shift. Now, the search for a necessary bar by a shift is performed after the search for a shift by the bar time.

Version 1.2 2015.05.07

Correction of the indicator's objects deletion

Version 1.1 2015.05.06

1. Added adjustable arrows which appear when lines of currency strength of the current instrument are crossed.
2. All 28 combinations of 8 major currencies are added for analysis by default.